This is the sixth article of a multi-part series on the process of healthcare transitions prepared by Samuel N. Klewans and Michael Skerritt. Selecting the Appropriate Purchase Entity and Purchasing/Selling Assets vs. Stock Selection of the Appropriate Healthcare Entity There is no agreement among attorneys and accountants as to whether a Chapter S corporation or […]
Read more>>This is the fifth article of a multi-part series on the process of healthcare transitions prepared by Samuel N. Klewans and Michael Skerritt. This article focuses on selecting healthcare practice professionals, such as a transition attorney, a CPA and a banker. Select an Experienced Healthcare Practice Transition Attorney, CPA and Banker Whether you are a […]
Read more>>This is the fourth article of a multi-part series on the process of healthcare transitions prepared by Samuel N. Klewans and Michael Skerritt. This article focuses on selecting professional advisors, and financing healthcare practices. Selection of Banks and Professional Advisors Once a purchaser decides to purchase a healthcare practice, it is important to select a […]
Read more>>This is the third article of a multi-part series on the process of health care transitions prepared by Samuel N. Klewans and Michael Skerritt. Begin the Dental Transition Process with a Letter of Intent Dental transactions usually begin with a Letter of Intent. The Letter of Intent allows the purchaser and seller to negotiate the […]
Read more>>This is the second article of a multi-part series on the process of healthcare practice transitions prepared by Samuel N. Klewans and Michael Skerritt. This article focuses on the topic of using a healthcare practice broker. The Healthcare Practice Broker The first part of this article addresses whether or not to use a broker when […]
Read more>>This is the first article of a multi-part series on the process of healthcare practice transitions prepared by Samuel N. Klewans and Michael Skerritt. Taking the Appropriate Steps Before it is Time to Sell Your Healthcare Practice Messrs. Klewans and Skerritt represent healthcare providers on the business side of their practice, which means representing healthcare […]
Read more>>Do you have employees working in Montgomery County, Maryland? If so, make sure you’re ready for the county’s new sick leave law, the Earned Sick and Safe Leave Bill (“the Act”), which takes effect October 1, 2016. The Act requires covered employers to give eligible employees time off for a number of health and […]
Read more>>The District of Columbia, Montgomery County, and Prince George’s County have each recently passed “Ban the Box” ordinances. These new laws restrict an employer’s right to conduct criminal background checks on prospective employees. If you conduct business in any of those three jurisdictions, you must modify your pre-employment due diligence procedures to comply with the […]
Read more>>Although the Virginia Supreme Court has repeatedly changed the legal duty a homeowner owes his neighbor for plants that encroach on the neighbor’s house, there are still unresolved questions regarding the law when your tree hangs over your neighbor’s house. Before 1939, Virginia followed the ancient English “common law” rule that a landowner owes no […]
Read more>>